Roobet.com | Crypto’s Fastest Growing Casino 🦘

[aysg76]

What could happen in extremely rare cases is that a whale gets lucky and sends a casino into bankruptcy. However, I would not have come across such a case yet and you would probably actually need someone with a lot of Bitcoins ... and a lot of luck.

I don't think so that's how casino business works as they have house edge and also liquidity with them to pay off any win and going bankrupt means they should not have entered in this stream first of all because you estimate every aspect before registering any casino.

[Lakai01]

What could happen in extremely rare cases is that a whale gets lucky and sends a casino into bankruptcy. However, I would not have come across such a case yet and you would probably actually need someone with a lot of Bitcoins ... and a lot of luck.

I don't think so that's how casino business works as they have house edge and also liquidity with them to pay off any win and going bankrupt means they should not have entered in this stream first of all because you estimate every aspect before registering any casino.

In this context, we have discussed how casinos operate and are positioned (financially) and what role "luck" plays as a factor here. That's why I brought up the extreme example of the whale, which would be quite capable of ruining a casino financially.

Think about the following situation, for example:
A whale plays "double or nothing" against the casino and bets 1000 BTC. If he wins, the casino would have to pay out 1000 BTC, which would 100% bankrupt smaller casinos.

As I said, we are talking about fictional scenarios and what role luck plays in a casino's business model.

[efialtis]

Even though we have been super unhappy with Roobet in terms of affiliation (we reported about it), we recently went back to check them out so we could update our Roobet review: https://www.btcgosu.com/review/roobet/

Note: It`s a pretty positive update

[l3pox]

knowing when to stop, again
knowing when to say: that's enough for me.

it's probably one of the wisest things to learn.

Knowing your stop limits and taking actions on them will help you a lot and if you take necessary steps beforehand it will help to reduce the financial burden otherwise learning from the mistakes can be costly in gambling .

yes,  there are no gambling schools so one can take it as a learning expense too, but sometimes it is just too expensive to let your emotions run the bankroll

better to use rationality and control yourself than to deal with deep regret later

unless you win out of luck, then there won't be regrets but you'll have to fix bad habits later on on the road

[abel1337]

knowing when to stop, again
knowing when to say: that's enough for me.

it's probably one of the wisest things to learn.

Knowing your stop limits and taking actions on them will help you a lot and if you take necessary steps beforehand it will help to reduce the financial burden otherwise learning from the mistakes can be costly in gambling .

yes,  there are no gambling schools so one can take it as a learning expense too, but sometimes it is just too expensive to let your emotions run the bankroll

better to use rationality and control yourself than to deal with deep regret later

unless you win out of luck, then there won't be regrets but you'll have to fix bad habits later on on the road

No school would educate people how to gamble or even gamble properly. Gambling is an influential thing just like any other vices out there. The effect of it is more on the negative side rather the positive that's why people who came from the same vices such as gambling always give tips and advices to demotivate people to not start gambling because of the possible negative effects or even possible addiction that it can give.

[aysg76]

Better to use rationality and control yourself than to deal with deep regret later

unless you win out of luck, then there won't be regrets but you'll have to fix bad habits later on on the road

We know it's hard to control our feelings but when we are gambling we must not loose control because our funds are at stake so we should have some limits as in emotional state we don't have control over our mind.But sometimes we learn from our past experiences and whether we are lucky or not we should not loose hope playing in our limits.

[l3pox]

Better to use rationality and control yourself than to deal with deep regret later

unless you win out of luck, then there won't be regrets but you'll have to fix bad habits later on on the road

We know it's hard to control our feelings but when we are gambling we must not loose control because our funds are at stake so we should have some limits as in emotional state we don't have control over our mind.But sometimes we learn from our past experiences and whether we are lucky or not we should not loose hope playing in our limits.

definitely
I think the danger is not only in losing it all but also in winning too much too fast, sometimes if earning a lot in a fast and easy way its hard to forget that you need work to make money and intelligence to keep it

life teaches us some valuable lessons.

[MinMan]

Why wait to learn from your mistake if you can do something to prevent that from happening. Set a limit on how much to spend and have a self-control. That way, you don't have to suffer on spending the money that you can't live without then will have a regrets later because you didn't gamble in moderation.

Prevention is better than cure , why need to commit mistake when you can do something to prevent that from happening .
gambling is a place where people mostly commit wrong action so preventing is best to conduct .

There are situations when it differs as well, it  feels like we are talking about something that is doing much better and it is going to be like "if I know when to stop, then I should stop there" is a simple looking thing but also to some people it's not.

I have said for years that if you want to get rich, all you have to do is put just a small % of your salary every single month into bitcoin and that way you would be able to make some money, and yet some people do not do that and end up buying some shitty memetokens instead and lose all their money. Sometimes a thing that looks too obvious, may not look that obvious to some people and they may end up with a mistake and just end up not doing it the right way at all.

[abel1337]

Better to use rationality and control yourself than to deal with deep regret later

unless you win out of luck, then there won't be regrets but you'll have to fix bad habits later on on the road

We know it's hard to control our feelings but when we are gambling we must not loose control because our funds are at stake so we should have some limits as in emotional state we don't have control over our mind.But sometimes we learn from our past experiences and whether we are lucky or not we should not loose hope playing in our limits.

definitely
I think the danger is not only in losing it all but also in winning too much too fast, sometimes if earning a lot in a fast and easy way its hard to forget that you need work to make money and intelligence to keep it

life teaches us some valuable lessons.

Depending on how much mentally capable you are, it can possibly a good thing or a bad thing. If I'm a gambler that gamble for years and I won a huge amount of money really quick, I would probably stop my gambling session and enjoy the money I won. Experienced gamblers knows about the house edge of crypto casino and the longer you stay is the higher chance you will lose it all. It will be the opposite if you are a newbie the gambling, pretty sure that most of the newbie winners won't control their feelings in making it much more bigger until they realize that they are slowly losing on the casino.

[jrrsparkles]

but also in winning too much too fast, sometimes if earning a lot in a fast and easy way its hard to forget that you need work to make money and intelligence to keep it

life teaches us some valuable lessons.

Quite well, some people will lose track and derail which may turn their life in the wrong direction so it is very important to stay conscious and be aware of the circumstances so that it will be under our expectations and chances of making it wrong are thin.


About the contest, I saw some amazing artwork and everyone waited for the last day to present their works. Waiting to see the winners and hope the unstoppable art contest streak continues every month.

[FanEagle]

In this context, we have discussed how casinos operate and are positioned (financially) and what role "luck" plays as a factor here. That's why I brought up the extreme example of the whale, which would be quite capable of ruining a casino financially.

Think about the following situation, for example:
A whale plays "double or nothing" against the casino and bets 1000 BTC. If he wins, the casino would have to pay out 1000 BTC, which would 100% bankrupt smaller casinos.

As I said, we are talking about fictional scenarios and what role luck plays in a casino's business model.

The casino doesn't allow 1000 winning bets, this is why it can't happen. Some casinos maybe would let that but usually that's not allowed, we are talking about nearly 25 million dollars there, and no casino I know would allow you to make a 25 million winning worth bet to begin with.

It doesn't even have to be double or nothing, the winning is maxed there, you could have 1 billion dollars and bet on 2% chance to win, which means you will most likely lose, but the win amount exceeds what is allowed so you won't be allowed to do that. This results with casinos allowing only a small portion of their entire bankroll to be allowed per bet, and if you bet that max amount, you will maybe win, but that won't ruin the casino.

[milewilda]

but also in winning too much too fast, sometimes if earning a lot in a fast and easy way its hard to forget that you need work to make money and intelligence to keep it

life teaches us some valuable lessons.

Quite well, some people will lose track and derail which may turn their life in the wrong direction so it is very important to stay conscious and be aware of the circumstances so that it will be under our expectations and chances of making it wrong are thin.


About the contest, I saw some amazing artwork and everyone waited for the last day to present their works. Waiting to see the winners and hope the unstoppable art contest streak continues every month.

Dont expect for every month but rather it would really be seasonal or some huge event that it is correlated with sports neither those huge events that could turn out to be relevant on making some betting.
Their art contest never disappoints on which if you do look into those output which made out by those participants then it always been great, for those who are still joining then they are really improving
in towards their entries, you can really say that there are indeed good artist here on this forum. I believe that it wont really be removed or would be stopped on this kind of contest,
it turns out that it had been a default way on launching up this type of competition.

[bitterguy28]

What could happen in extremely rare cases is that a whale gets lucky and sends a casino into bankruptcy. However, I would not have come across such a case yet and you would probably actually need someone with a lot of Bitcoins ... and a lot of luck.

I don't think so that's how casino business works as they have house edge and also liquidity with them to pay off any win and going bankrupt means they should not have entered in this stream first of all because you estimate every aspect before registering any casino.

well, if the casino is already established and strongly running indeed that there will be no bankrupt to happen , but those newly operated and sadly experienced a Huge  win from new players, in that sometimes comes the dishonesty  from the site and turning into not paying and become a scam one.
but with Roobet.com that has already tons of funds inside, Am not sure if  any whales can make them bankrupt , not at least from my knowledge and understanding .

[Lakai01]

The casino doesn't allow 1000 winning bets, this is why it can't happen. Some casinos maybe would let that but usually that's not allowed, we are talking about nearly 25 million dollars there, and no casino I know would allow you to make a 25 million winning worth bet to begin with.
-snip-

I think we all know that. That's why I wrote the last sentence, which I'm happy to emphasize here again:

As I said, we are talking about fictional scenarios and what role luck plays in a casino's business model.

Besides the factor that there are no (online) casinos that allow such high bets, the number of people who could place such bets in the first place is also extremely small.

However, I am sure that there are traditional offline casinos that are reserved for very wealthy customers and where such bets are quite common. However, they wouldn't have a problem with such high losses either.

[aysg76]

well, if the casino is already established and strongly running indeed that there will be no bankrupt to happen , but those newly operated and sadly experienced a Huge  win from new players, in that sometimes comes the dishonesty  from the site and turning into not paying and become a scam one.
but with Roobet.com that has already tons of funds inside, Am not sure if  any whales can make them bankrupt , not at least from my knowledge and understanding .

There are lot of such casinos turning scam after accumulating funds from players through lot of ways but we should focus more on our Roobet discussion as they are doing quite well and running smoothly from past few years so hopefully they will do it in the future with more boost.

[peter0425]

Better to use rationality and control yourself than to deal with deep regret later

unless you win out of luck, then there won't be regrets but you'll have to fix bad habits later on on the road

We know it's hard to control our feelings but when we are gambling we must not loose control because our funds are at stake so we should have some limits as in emotional state we don't have control over our mind.But sometimes we learn from our past experiences and whether we are lucky or not we should not loose hope playing in our limits.

definitely
I think the danger is not only in losing it all but also in winning too much too fast, sometimes if earning a lot in a fast and easy way its hard to forget that you need work to make money and intelligence to keep it

life teaches us some valuable lessons.

Depending on how much mentally capable you are, it can possibly a good thing or a bad thing. If I'm a gambler that gamble for years and I won a huge amount of money really quick, I would probably stop my gambling session and enjoy the money I won. Experienced gamblers knows about the house edge of crypto casino and the longer you stay is the higher chance you will lose it all.

it is the advantage of a mature gambler , and a kind of gambler that knows His capacity and decisioning.
in this most of gamblers actually lose, in their decisioning when and where to leave the site and the table.

 It will be the opposite if you are a newbie the gambling, pretty sure that most of the newbie winners won't control their feelings in making it much more bigger until they realize that they are slowly losing on the casino.

actually this is also the reason why i tried to educate others that wanted to enter gambling sites or gambling vises .

[l3pox]

Better to use rationality and control yourself than to deal with deep regret later

unless you win out of luck, then there won't be regrets but you'll have to fix bad habits later on on the road

We know it's hard to control our feelings but when we are gambling we must not loose control because our funds are at stake so we should have some limits as in emotional state we don't have control over our mind.But sometimes we learn from our past experiences and whether we are lucky or not we should not loose hope playing in our limits.

definitely
I think the danger is not only in losing it all but also in winning too much too fast, sometimes if earning a lot in a fast and easy way its hard to forget that you need work to make money and intelligence to keep it

life teaches us some valuable lessons.

Depending on how much mentally capable you are, it can possibly a good thing or a bad thing. If I'm a gambler that gamble for years and I won a huge amount of money really quick, I would probably stop my gambling session and enjoy the money I won. Experienced gamblers knows about the house edge of crypto casino and the longer you stay is the higher chance you will lose it all. It will be the opposite if you are a newbie the gambling, pretty sure that most of the newbie winners won't control their feelings in making it much more bigger until they realize that they are slowly losing on the casino.

this is one of the things only time and experience will give you
sometimes you can say "i have enough" even at a young age or without so much experience, but it´s not the most common thing to see around

same with managing bankroll and emotions

[ultrloa]

well, if the casino is already established and strongly running indeed that there will be no bankrupt to happen , but those newly operated and sadly experienced a Huge  win from new players, in that sometimes comes the dishonesty  from the site and turning into not paying and become a scam one.
but with Roobet.com that has already tons of funds inside, Am not sure if  any whales can make them bankrupt , not at least from my knowledge and understanding .

There are lot of such casinos turning scam after accumulating funds from players through lot of ways but we should focus more on our Roobet discussion as they are doing quite well and running smoothly from past few years so hopefully they will do it in the future with more boost.

What other people worried about that something might happen here most likely not gonna happen since they can be called as institution in gambling scene already and we see a lot of challenges overcome by this casino so expect that we can see more success from them for more years. They are good for maintaining their promotions and that's the reason they remain successful since to many gamblers trust them and maybe declare as one of the best casino exist so far.

[3kpk3]

Besides the factor that there are no (online) casinos that allow such high bets, the number of people who could place such bets in the first place is also extremely small.

Some online casinos do allow such big bets though such stuff is done privately through various secure channels based on what I heard. They allow them to gamble secretly in order to protect their identities.

However, I am sure that there are traditional offline casinos that are reserved for very wealthy customers and where such bets are quite common.

Yeah. This reminds me of the crazy high-stakes games from the Bond series where elites wagered money.

[aysg76]

They are organizing daily giveaway on twitter if you keep an eye over them and that's also worth hundreds of dollars as you know the team is quite well and rewards have been always good.So follow them and also congratulations to team on completing 230k followers on twitter that also with $230 giveaway